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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Dec. 28, 2019
Cash flows provided by (disbursed for) operating activities:      
Net income $ 206,187 $ 152,318 $ 164,538
Adjustments to reconcile net income to net cash provided by operating activities:      
Restructuring and related impairment charges   23,627 21,062
Depreciation and amortization 136,559 141,384 144,228
Stock-based compensation 21,343 12,855 7,430
(Gain) loss reclassified from accumulated other comprehensive income to net income (2,115) 2,675 (3,707)
Deferred income taxes 6,777 (31,154) 18,609
Provision for inventory obsolescence 16 3,601 337
Allowances for accounts receivable 6,071 11,344 11,034
Pension and postretirement plans expense 1,306 109,823 3,234
Other 2,473 (924) 1,579
Qualified pension plan contributions   (7,600) (2,500)
Changes in operating assets and liabilities, net of acquisitions and disposals:      
Accounts receivable, net (10,600) (25,021) (7,809)
Inventories, net (9,767) (1,771) (4,774)
Hedging activities, net (4,967) 15,829 10,289
Accounts payable 38,076 (5,772) (14,155)
Other assets and accrued liabilities (46,749) 53,250 17,557
Net cash provided by operating activities 344,610 454,464 366,952
Cash flows provided by (disbursed for) investing activities:      
Purchases of property, plant and equipment (135,964) (97,929) (103,685)
Repurchase of independent distributor territories (4,585) (3,114) (2,705)
Cash paid at issuance of notes receivable (12,135) (10,660) (22,644)
Principal payments from notes receivable 31,996 32,153 29,173
Acquisition of trademark (10,200)    
Proceeds from sales of property, plant and equipment 2,995 5,368 2,649
Purchase of leased warehouses (64,689)    
Other investing activities 1,144 190 119
Net cash disbursed for investing activities (191,438) (73,992) (97,093)
Cash flows provided by (disbursed for) financing activities:      
Dividends paid, including dividends on share-based payment awards (175,903) (167,270) (159,987)
Contingent consideration   (4,700)  
Payments for debt issuance costs (6,022) (206) (110)
Stock repurchases (9,510) (783) (7,054)
Change in bank overdrafts 261 3,134 3,217
Proceeds from debt borrowings 497,570 484,900 609,250
Debt obligation payments (579,428) (392,400) (723,500)
Payments on financing leases (1,745) (6,715) (5,937)
Net cash disbursed for financing activities (274,777) (84,040) (284,121)
Net (decrease) increase in cash and cash equivalents (121,605) 296,432 (14,262)
Cash and cash equivalents at beginning of period 307,476 11,044 25,306
Cash and cash equivalents at end of period 185,871 307,476 11,044
Schedule of non-cash investing and financing activities:      
Right-of-use assets obtained in exchange for new financing lease liabilities 37 79 9,854
Right-of-use assets obtained in exchange for new operating lease liabilities 55,869 16,022 44,585
Distributor routes sold with deferred gains, net 241 207 241
Purchase of property, plant and equipment included in accounts payable 9,124 4,662 5,983
Cash paid during the period for:      
Interest 52,620 35,920 36,430
Income taxes paid, net of refunds of $305, $917 and $460, respectively 69,401 68,758 39,121
Executive Deferred Compensation Plan      
Schedule of non-cash investing and financing activities:      
Issuance of executive deferred compensation plan common stock 177 39 6
Distributor Notes Receivable      
Schedule of non-cash investing and financing activities:      
Issuance of notes receivable on new distribution territories, net $ 21,008 $ 25,029 $ 50,532